SEGHERS VALIDATION CONSULTING SERVICES
ActiveSEGHERS VALIDATION CONSULTING SERVICES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53k and a net result of €17k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▼-4
Solvency78▲+11
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.93 in 2023; short-term debt: 41% and cash: 42.4% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
53.2%
Return on assets
17%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
31 d late
2022
48 d early
2021
48 d early
2020
30 d early
2019
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€53k▼ 5.0%
2023 · €56k
2018: €75k
2019: €110k
2020: €102k
2021: €113k
2022: €60k
2023: €56k
2018 → 2024
Total assets
€100k▼ 24.7%
2023 · €133k
2018: €139k
2019: €197k
2020: €174k
2021: €166k
2022: €210k
2023: €133k
2018 → 2024
Net result
€17k▼ 37.6%
2023 · €27k
2018: €-5k
2019: €35k
2020: €13k
2021: €10k
2022: €43k
2023: €27k
2018 → 2024
Working capital
€55k▼ 10.2%
2023 · €61k
2018: €111k
2019: €126k
2020: €114k
2021: €121k
2022: €66k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€102k-€113k▲ 10.2%€60k▼ 47.1%€56k▼ 6.4%€53k▼ 5.0%
Operating result€21k-€18k▼ 15.1%€58k▲ 221%€40k▼ 31.4%€25k▼ 37.7%
Net result€13k-€10k▼ 21.6%€43k▲ 309%€27k▼ 36.3%€17k▼ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 38% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100k
Fixed assets
€4k▼ 34.5%
Current assets
€96k▼ 24.2%
Equity and liabilities €100k
Equity
€53k▼ 5.0%
Debt
€47k▼ 39.1%
The debt ratio falls from 57.8% to 46.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▼
2023 · €44k
Cash flow
€19k▼
2023 · €31k
Solvency
53.2%▲
2023 · 42.2%
Current ratio
2.33▲
2023 · 1.93
Quick ratio
2.33▲
2023 · 1.93
Debt / equity
0.88▼
2023 · 1.37
ROE
31.9%▼
2023 · 48.6%
ROA
17.0%▼
2023 · 20.5%
Interest coverage
25.84▼
2023 · 41.27
Debt
€47k▼
2023 · €77k
Debt ≤ 1 year
€41k▼
2023 · €65k
Debt > 1 year
€6k▼
2023 · €12k
Income taxes
€7k▼
2023 · €12k
Staff costs
€57k▼
2023 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€133k€100k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€5k€2k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€126k€96k▼
Amounts receivable within one year40/41€52k€50k▼
Trade receivables40€48k€20k▼
Other amounts receivable41€5k€30k▲
Cash at bank and in hand54/58€68k€42k▼
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€133k€100k▼
Equity10/15€56k€53k▼
Contributions10/11€6k€6k=
Reserves13€47k€47k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€3k€79▼
Amounts payable17/49€77k€47k▼
Amounts payable after more than one year17€12k€6k▼
Financial debts170/4€12k€6k▼
Amounts payable within one year42/48€65k€41k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€16k€19k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€31k€14k▼
Accrued charges and deferred income492/3-€16
Income statement
Code20232024
Remuneration, social security and pensions62€57k€57k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€1k€747▼
Gross operating margin9900€102k€85k▼
Operating profit (loss)9901€40k€25k▼
Financial income75/76B-€88
Recurring financial income75-€88
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€39k€24k▼
Income taxes67/77€12k€7k▼
Profit (loss) for the period9904€27k€17k▼
Profit (loss) for the period to be appropriated9905€27k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€20k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer from equity791/2€31k€0▼
Transfer to equity691/2€26k€0▼
To other reserves6921€26k€0▼
Profit to be distributed694/7€31k€20k▼
Return on contributions (dividend)694€31k€20k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €43k ▲309%
Operating result €58k, net result €43k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Equity above €100kEq €110k ▲46.5%
Equity rises from €75k to €110k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Clos des Rocailles 71410 WaterlooGround area
751 m²
Building footprint
158 m²
Volume, LiDAR
667 m³
Parcel 25764Q0502/00D002, Wallonia · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Seghers Validation Consulting Services
since 20042.143.098.697
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0502/00D002 | Wallonia | 751 m² | 1 · 158 m² | 5.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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H&WR
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POSSUM
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THE GRID
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 38,388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2004
Fiscal year end31-12
Abbreviation FR
S.V.C.S.
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.